The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-10-17
!A5POOLING OF#ROADSI
PROPOSED BUT NOR ARRANGED i
The Citixsns' HALLWAY Company and the
Wheeling Electrical Hallway Company /,
Epdenvor to Form Comb ins but Fail g
t.,3 to Asriys mt my Unierst nm ding.

There were two meetings Of Representa-.
tiyea Of tho olsiEene' Railway Company
and the Wheeling Electrical Railway
Company held last week with a view to
formulating some plan, that would be &C.
ceptable TO both sides, Tor the combining
Of tho two companies. Propositions were
made by both aides, nsl.her OF which,
were entirely acceptable to the other, aud
beyond mutually agreeing that the
advantages ono strong road, with
all the advantages Of the two com.
blned, would have over two weak
companies competing sgalnnt each other,
would be much more advantageous
both for those Interested financially
and the public at large, nothing was ar
rived st. NJ - -,
In connection with the two meetipps
there was naturally considerable talk and
a variety Of auggeations made and ideas
advanced. The two propovitiona made
however, told briefly, were as follows: 6 i
The Cit!zsns' Company proposed that
the Wheeling Company 60 ahead and
erect ita proposed plant, while the Oil.
zens' Company would proceed to put its
present plant in shape to be operated as
al electrical road, both roada to construct
with view to uaing the Vanderpoel sys.
tem--tho one thasthe Wheeling Company
hos secured the right to use the Wheeling
Company, having constructed tia road in
the time specified by the ordinance pasaed
by Council. the Cltizenb' Company would
iRsue to the Wheeling Company honda nj
An amount equivalent 10 tho cost Of con.
asruction Of the Wheeling Company'a
line; thoao bonds to boar interest at the
same rate as tho stock OF the Citjzsns'
Company may bear dividends, and under
such on arrangement the two roads to he
operated together until 1889, when proner
legislation might b. hsd IRON the LspisJa.
turo to enable the two companies to DO
combined into one. t5sSST,. 9 :
The Wheeling Company on The other
hand proposed that Board Of Arbltrators
mako certain valuations upon which the
consolidated concern be formed. The
Board in making said valuations to con.
slider the value Of thefranchlses now pos.
sssaed BY the Wheeling Company, spch
"a: Its system-the Vanderroel, lis route,
which 1t claims to be the most advantage.
ous, especially in the Eighth ward, and he
beat for getting into Bsnwood and couae.
quently having tho beat chance for secur.
Ing Bellairo trade; and ALEC to consider in
making up valuations the arrangements
already made Tor procuring power, etc.
Neither OF these propositions was fonnd
to be acceptable to the other eide, nor
could any arrangement b. arrived at that
would be satisfactory 10 both sides from
tho several ideas that were sugpeeted.
Both aidea contend that they regret that
no pooling deal WAS made, US they we're
both ac:uatsd by bona Ade desire to
have the roads combined for the reasons
etstod above. The proposition made BY
the Wheeling Company, the Representa-.
tives OF the Citizens Company reasoned.
would reduce the present capital stock Of
their company, and thereby practically be
q dead losa to them. s,s.f
1t is now said that aa no further propos;.
tons are likely TO be made, 40 far 20 kaoTn
ut least, both companies will proceed to
complete their own separate arrangements
Tor building end changing their roads 40
as to run cars by electricity. 4.